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Rating

8Overall

9
Applicability

8
Innovation

7
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Recommendation

Perry J. Ludy, a seasoned executive, presents his strategies for building profits and cutting costs in this well conceived book. He provides a team-based, profit-making plan that companies of any size could implement. In this simple, highly effective book, Ludy dispels myths about cutting costs and building profits. He uses examples from his professional experience to show his suggestions in action. getAbstract recommends this book to managers and executives who are responsible for cost cutting and profit building.

In this summary, you will learn

How to construct a permanent profit-building plan within your organization;

How to prepare your team for organizational change and innovation; and

Why reviewing and follow-up should be a perpetual part of the profit-building process.

About the Author

Perry J. Ludy is a business executive.

Summary

Steps to Cutting Costs What’s the first thing a company usually does when it wants to reduce costs? Probably about the worst thing it could do for its overall health, productivity, and profitability: it reduces its work force by firing, laying-off, or downsizing. A crunch is the wrong ...